On March $1,$ Mocl Co$.$ began construction of a small building. The following expenditures

were incurred for construction:

The building was completed and occupied on July $1.$ To help pay for construction $$3,000,000$ was

borrowed on March $1$ on a $10\%,$ three$-$year note payable.

Instructions:

a$)$ Calculate the weighted$-$average accumulated expenditures.

b$)$How much interest should be capitalized?

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c$)$ How much interest should be expensed?

d$)$

What is the balance in the building account on December $31?$